Hudson Resources Inc. is pleased to announce that significant progress has been made in the production of a green, waste free smelter grade alumina product from anorthosite from the White Mountain mine in Greenland. Hudson has a 31.1% equity interest in the White Mountain mine and rights to acquire 100%. Hudson engaged Kingston Process Metallurgy [...]
On April 6th, 2021, Greenland held elections in which the Inuit Ataqatigiit party won 12 of the 31 seats with 37% of the votes. The IA party is currently in negotiations with other parties to form a coalition government. The party is led by M?te Egede who was a former Minister of Mining in Greenland between 2016 and 2018 during which time he [...]
Hudson Resources Inc. is pleased to announce that metallurgical testwork has commenced on samples from the Nukittooq niobium - tantalum project in Greenland. The testwork is being undertaken at SGS Lakefield, Canada, on high-grade niobium tantalum grab samples collected in 2020, under the supervision of Hudson's consulting Metallurgist, John Goode [...]
Coal Island Ltd. , with an address at 310 10991 Shellbridge Way, Richmond, British Columbia, V6X 3C6, announced today that on February 26, 2021, Coal Island disposed of 18,466,827 common shares of Hudson Resources Inc. at a price of $0.15566 per Common Share for gross aggregate proceeds of $2,874,546. Coal Island disposed of the Common Shares [...]
Hudson Resources Inc. is pleased to announce that it has received the assays from its niobium and tantalum exploration project located in its wholly owned Sarfartoq exploration license in southwestern Greenland. The niobium project is called Nukittooq which means “strong man” in Greenlandic to reflect the key characteristic of niobium as a [...]
Hudson Resources Inc. has granted incentive stock options under the Company's stock option plan to its new directors to purchase a total of 900,000 shares at a price of $0.40 per share. The option price is above a 40% premium to the 10-day volume traded weighted average price of the stock on the TSX-V. The options are exercisable for a period of [...]
Hudson Resources Inc. is pleased to announce that it has completed its initial sampling program on the high-grade Sarfartoq niobium and tantalum project in Greenland. The samples have arrived at the SGS Lakefield laboratory in Ontario for analysis. Initial results are expected in the coming weeks. Hudson owns 100% of the Sarfartoq exploration [...]
Hudson Resources Inc. is pleased to announce that Kevin Crawford, Donna Phillips, and Antony Harwood have been elected to the Board of Directors at the Company’s annual general meeting held yesterday. The Company’s Board of Directors is now comprised of the three newly elected directors as well as Dave Frattaroli and Jim Cambon. Mr. Crawford is a [...]
Hudson Resources Inc. is pleased to announce that Bent Olsvig Jensen has been appointed Managing Director of Hudson Greenland A/S. Hudson Greenland holds the exploitation license for the White Mountain anorthosite mine in southwestern Greenland. Bent has been a resident of Greenland for almost 25 years and has been involved in industrial projects [...]
Hudson Resources Inc. is pleased to announce that, further to its news releases of June 11, 2020 and August 4, 2020, the Company has closed its debt restructuring transaction with its existing lenders, Cordiant Capital Inc. and its affiliates, and Romeo Fund – Flexi and its affiliates after receiving shareholder approval and approval from the [...]
Hudson Resources Inc. has granted incentive stock options under the Company's stock option plan to directors and employees to purchase a total of 4,280,000 shares at a price of $0.15 per share. The option price is at an approximate 50% premium to the 10-day volume traded weighted average of the stock on the TSX-V. The options are exercisable for a [...]
Hudson Resources Inc. is pleased to announce that, further to its news release of June 11, 2020, it has entered into definitive agreements with its existing lenders, Cordiant Capital Inc. and its affiliates and Romeo Fund – Flexi and its affiliates , to restructure the outstanding debt on the White Mountain Anorthosite mine, held by the Company’s [...]